Perimeter Solutions-PRM Prices $550 Million Senior Secured Notes to Fund Acquisition

Key Takeaways PRM's subsidiary priced $550M of 6.250% senior secured notes due Jan. 15, 2034.The notes are guaranteed by Perimeter Intermediate and secured by first-priority liens on most assets.PRM plans to use the proceeds and cash on hand to fund the MMT acquisition.Perimeter Solutions, Inc. (PRM) recently announced that its indirect subsidiary, Perimeter Holdings, LLC, has priced an offering of$ 550 million in total principal amount of 6.250% senior secured notes due 2034. The notes will mature on Jan. ...